Clark Biweekly 8 29 24

Author

Anthony Hazzard
August 29, 2024

People love to stream sports but is this a problem for the streaming platforms themselves? Find out more later in this email.

💵 Today’s Top Stories
Homeowner

Raising your deductible can counteract expensive (and rising) homeowners insurance premiums. Exactly how high does Clark think you can go? Read more.

Cars vehicles

There is a two-way tie for both the mass-market and luxury brands that make customers the happiest. Where is your favorite car brand on the list? Read more.

Annuity

Clark considers “annuity” to be a curse word. (Oops … sorry if we offended your eyes!) But when pressed, he admits there are two exceptions to his “never deal with annuities” rule. Read more.

Invest

Clark’s three favorites haven’t changed. But there have been some recent cracks in the armor for two of them. What are the best investment companies in 2024? Read more.

T-Mobile

Did you know you can access the T-Mobile network while paying bargain-basement prices? Here’s the cheapest overall plan, unlimited plan and the best hotspot plan among those networks. Read more.

📣 Today’s Top News
🏈 Streaming Loves Sports … Except For the Churn

As one of the only things people prefer to watch live, sports is becoming an ever-more-important part of the streaming landscape.

Netflix, Amazon and Google are upping the ante by competing with traditional companies such as CBS, FOX and NBC.

The NBA just secured $77 billion in new broadcast rights deals. NBCUniversal’s Peacock added 2.8 million signups in the first six days of the Paris Olympics alone.

But streaming signups invested in sports seem especially finicky. For example, in Q1, YouTube TV lost 150,000 subscribers for the first time in its seven-year history. It came during the same quarter as the NFL season ended.

Peacock itself saw a large bump after an NFL wild card game streamed exclusively on the platform in January. But it later lost 500,000 subscribers who churned out.

It will be interesting to observe the percentage of the millions of new subscribers who leave Peacock now that the Paris Olympics have closed.

If sports rights cause such seasonality among subscribers, will it force platforms to attempt to grab rights to enough popular sports properties to avoid “off-season” dips? Or will it eventually start to create a headwind for major sports leagues as they renew their broadcast rights?

Time will tell.

📊 Stat of the Day

🦜 $165,000: Damages that a New York City woman earned after an eight-year legal battle against an apartment building after management threatened to evict her and her three emotional-support parrots.

💰️ Deal Alert: Today’s Top Deals
Dairy Queen
Barcelona
🎙️ Podcast

QR codes are everywhere – and so are scams. Before you scan a QR code at a restaurant, parking structure, or anywhere, Clark has tips you need to know to protect yourself. Also, rental car companies are known for fees on just about everything, including tolls. Clark shares a few secrets to help you save.‌

☎️ Need Money Help?

The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.

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